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Credit Fraud News

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A resident of Amar Colony in Mathura, submitted a complaint at the Highway police station, claiming fraud, after he received the notice from the IT department.
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Researchers have developed a novel technique called 'SafePay' which is a secure method to prevent mass credit card fraud using existing magnetic card readers.
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"During investigation under PMLA, proceeds of the crime were identified in the form of movable and immovable properties. Totally, three immovable properties of value of around Rs 6.03 crore and one movable property of value of Rs 4.43 crore held by M/s Gem Cables and Conductors were attached," the release stated.






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